All E-Commerce & DTC articles
-
ArticleSwiss online retail sales set to hit a new record high
Online retail in Switzerland is set to hit a record high this year, with significant changes in consumer behavior, while Chinese e-commerce players are steadily on the rise. Footwear is following the same trend, according to a survey conducted by the University of St. Gallen among 1,334 people in the ...
-
ArticleGerman companies face unprecedented supply chain challenges
German businesses are bracing for potential disruptions to global trade, with mounting concerns over geopolitical conflicts, bureaucratic hurdles, and the ongoing complexities of navigating relations with key trading partners like the US and China. These were the findings of a survey conducted from Sept. 18 to Oct. 25 by four ...
-
News briefs
Zappos reopens its outlet in Louisville
After two years, Zappos.com has reopened its original and only outlet store, The Outlet Powered by Zappos, in Louisville, Kentucky. The US online footwear retailer first opened the outlet in 2019 and then closed it at the end of 2022 as part of its effort to refocus its business. “Zappos ...
-
ArticleFrasers urges to appoint its owner to run Boohoo
Frasers is urging Boohoo to appoint Mike Ashley as a director and CEO and name Mike Lennon, a restructuring specialist, as a board director. Ashley controls the UK sportswear retailer Frasers, which in turn is Boohoo’s largest shareholder with an about 27 percent stake. In an open letter sent to ...
-
News briefs
Ghost raises $40 million in funding
The private B2B marketplace for worldwide brands, Ghost, has raised $40 million in Series C funding. The funding was led by L Catterton, with participation from existing investors USV, Cathay Innovation, Equal Ventures, and Eniac, a private B2B marketplace for global brands to sell excess inventory to new buyers. Ghost’s ...
-
ArticleBirkenstock starts direct sales in South Korea
On Oct. 23, Birkenstock launched a country-specific e-commerce website for South Korea as part of its strategy to bolster its presence in Asia. The website, www.birkenstock.com/kr, lays “the foundation for further expansion in the dynamically growing country, which is home to 52 million people,” explained the footwear brand. From ...
-
ArticleBoohoo’s CEO steps down
Boohoo’s CEO, John Lyttle, is stepping down after five years with the British fast fashion online retailer. He will continue to work with the leadership team and the board over the coming months while a successor is found and to ensure a smooth transition, the company said. Boohoo added that ...
-
News briefs
Bark and Crocs launch a shoe collection for dogs
Bark, a US omnichannel dog brand, announced on Oct. 23 the release of the “highly anticipated” Pet Crocs, a collection of shoes for dogs created in collaboration with Crocs. The shoes are available to subscribers of BarkBox, a monthly themed surprise of toys and treats, and Super Chewer, a monthly ...
-
News briefs
Cole Haan picks Jesta for dropshipping management solution
Cole Haan has implemented a direct-to-consumer (DTC), endless aisle/dropshipping strategy powered by Jesta I.S.’s cloud Vision Merchandising enterprise resource planning (EPR) and Vision Endless Aisle solutions. “The new Endless Aisle/Dropshipping implementation follows Cole Haan’s decision to shift its distribution focus in North America toward a frictionless DTC model with an ...
-
News briefs
Austrian trade association files complaint against Temu
Austrian retailers are trying to hold their ground against the rapid rise of the Chinese low-cost online marketplace Temu. The Austrian retail association, Handelsverband Österreich, has lodged a twelve-page complaint with the Austrian federal competition authority, BWB, against Temu, citing deceptive business practices and calling on the authorities to ...
-
ArticleGerman fashion sales seen subdued over the next four years
The German fashion market has been on a path to recovery since 2022, but growth remains hampered by inflation, changing consumer behaviors and the rise of ultra-fast fashion. Annual growth is set to remain below 2 percent over the next four years, according to a report by IFH KÖLN in ...
-
News briefs
Zalando introduces ‘Zalando Partner’ to simplify partner services
Zalando has introduced “Zalando Partner,” a unified platform that simplifies and enhances its services for business partners. This initiative consolidates all partner-related offerings, including wholesale, partner programs, connected retail, marketing and logistics services, into a single, easy-to-navigate platform. According to Andreas Antrup, SVP of Partner Services, this move aligns with ...
-
ArticleUS online sales seen up over 8% during the holiday season
During the holiday season, running from Nov. 1 to Dec. 31, online sales in the US are expected to rise by 8.4 percent year-on-year to $240.8 billion, according to an estimate released by Adobe. The previous year, US shoppers spent $221.8 billion online, up by 4.9 percent. Shopping on mobile ...
-
ArticleOnline shopping remains popular in Germany
Online shopping remains popular among German consumers, with nearly 30 percent of purchases made online, a figure which has not changed since the height of the Covid-19 pandemic in 2020, a survey from Postbank showed. According to the “Postbank Digital Study 2024,” which surveyed 3,171 people in the country, ...
-
News briefs
THG to demerge its technology business
THG is looking into the option of demerging its technology services arm, THG Ingenuity, as the British e-commerce group looks to focus on its cash generative businesses. “After extensive discussions with shareholders over the past 12 months, THG is progressing options to demerge THG Ingenuity, leaving our highly profitable and ...
-
News briefs
Boohoo to supply US clients from the UK
Boohoo will cease supplying US customers from its distribution center in Pennsylvania and will fulfill all orders from its automated distribution center in Sheffield, England. “This move follows a recent trial of increasing the product range offered to US consumers by also fulfilling from the UK, which has led to ...
-
News briefs
Asian brands increase their presence in the Russian market
In the first half of 2024, several new foreign footwear brands emerged in the Russian market, according to CORE.XP, a local consultancy. For example, the Chinese footwear brand Josiny and the Chinese children’s clothing and footwear brand Balaba officially launched operations in the country. In total, 15 new brands started ...
-
ArticleSecond hand reselling enjoys booming popularity in Russia
The Russian fashion market has witnessed a staggering 30 percent surge in the sale of secondhand goods in 2023, a trend that is rapidly gaining momentum, as estimated by the Moscow-based think tank, Fashion Consulting Group. Last year, the segment was valued at 200 billion rubles (€2bn), which was equivalent ...
-
ArticleGerman online sales swing back to growth in Q2, footwear up 3.4%
Online sales in Germany turned back to growth in the second quarter of 2024 after two sluggish years, with footwear sales exceeding the €1 billion as the market starts to normalize, according to a survey released by the federal association of e-commerce and mail order trade, BEVH. In the second ...
-
ArticleZalando posts revenue growth and improved profitability in Q2
Zalando showed accelerating growth and improved profitability in the second quarter. The German online fashion retailer said that its success is due in part to an expansion of its lifestyle offerings, with strong growth in Sports, Designer and Beauty, and in part to a boost in its assortment’s relevance, with ...
